Question

a certain amount of money becomes double in 5 years . In how many years will it be the triple if the interest rate remains same​

Answer 1

Let money be x

It double (2x) in 5 years

2x=5

x=5/2

x=2.5

Money get triple in (5+2.5)years =7.5years

Or 7 years 6 month

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